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Are female leaders more efficient in family firms than in non-family firms?
Jönköping University / Ratio Institute.
Jönköping University.
Södertörn University, School of Social Sciences, Economics. Swedish Entrepreneurship Forum.
2018 (English)In: Corporate Governance : The International Journal of Effective Board Performance, ISSN 1472-0701, E-ISSN 1758-6054, Vol. 18, no 2, p. 185-205Article in journal (Refereed) Published
Abstract [en]

Purpose: The aim of this study is to investigate whether female leaders are more efficient in family firms than in non-family firms. Design/methodology/approach: This paper uses a unique database of ownership and leadership in private Swedish firms that makes it possible to analyze differences in firm performance due to female leadership in family and non-family firms. The analysis is based on survey data merged with micro-level data on Swedish firms. Only firms with five or more employees are included in the analysis. The sample contains more than 1,000 firms. Findings: The descriptive statistics show that there are many more male than female corporate leaders. However, the regression analysis indicates that female leadership has a much more positive impact on the performance of family firms than on that for non-family firms, where the effect is ambiguous. Originality/value: Comparative studies examining the impact of female leadership on firm-level performance in family and non-family firms are rare, and those that exist are most often either qualitative or focused on large, listed firms. By investigating the role of female directors in family and non-family firms, the study adds to the literature on management, corporate governance and family firms.

Place, publisher, year, edition, pages
2018. Vol. 18, no 2, p. 185-205
Keyword [en]
Company performance, Corporate governance, Family firms, Financial performance, Gender
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:sh:diva-34809DOI: 10.1108/CG-01-2017-0017Scopus ID: 2-s2.0-85043455565OAI: oai:DiVA.org:sh-34809DiVA, id: diva2:1194156
Available from: 2018-03-29 Created: 2018-03-29 Last updated: 2018-04-12Bibliographically approved

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Palmberg, Johanna

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
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  • Other locale
More languages
Output format
  • html
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  • asciidoc
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